Globe Telecom Inc., the Philippines’ biggest telecommunications provider by market value, is considering selling its data centres in a deal that could be worth about US$200 million, according to people with knowledge of the matter.

The company, which counts Singapore Telecommunications and Filipino conglomerate Ayala Corp among its largest shareholders, is working with an adviser on the potential divestment, the people said, asking not to be named as the process is private. 

Deliberations are ongoing and there is no certainty there will be a deal, they said. A representative for Globe Telecom declined to comment.

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